Key Characteristic – Definition A Key Characteristic (KC) is a feature of a material, process, or part (includes assemblies) whose variation within the specified tolerance has a significant influence on product fit, performance, service life, or manufacturability.

These seven characteristics are;

• A single definable purpose, end-item or result.
• Every project is unique.
• Projects are temporary activities.
• Projects cut across organizational lines.
• Projects involve unfamiliarity.
• The organization usually has something at stake when undertaking a project.

A peer-to-peer (p2p) network provides a scalable and fault-tolerant mechanism to locate nodes anywhere on a network without maintaining large amount of routing state. This allows for a variety of applications beyond simple file sharing, including in multicast systems, anonymous communications systems, and web caches.

5. Peer-to-Peer Network: advantages and disadvantages

What are two characteristics of peer-to-peer networks? (Choose…

• scalability.
• one way data flow.
• decentralized resources.
• centralized user accounts.
• resource sharing without a dedicated server.

P2P (peer-to-peer) network examples Sharing large files over the internet is often done using a P2P (peer-to-peer) network architecture. Many Linux operating systems are distributed via BitTorrent downloads using P2P transfers. Such examples are Ubuntu, Linux Mint, and Manjaro.

In its simplest form, a peer-to-peer (P2P) network is created when two or more PCs are connected and share resources without going through a separate server computer. A P2P network can be an ad hoc connection—a couple of computers connected via a Universal Serial Bus to transfer files.

In peer-to-peer (P2P) networking, a group of computers are linked together with equal permissions and responsibilities for processing data. Unlike traditional client-server networking, no devices in a P2P network are designated solely to serve or to receive data.

Peer to peer payments, or P2P payments, are transactions that can be used for anything from splitting a $30 dinner bill between friends to paying your rent. These payments allow the transfer of funds between two parties using their individual banking accounts or credit cards through an online or mobile app.

Sharing work or media through a peer-to-peer (P2P) network is legal if you own the copyright, thus you own the right to determine if and how that work is distributed. However, it is illegal for you to download or share copyrighted works without permission from the copyright owner. …

How it works: Users can usually easily enroll in a social network’s P2P payment system by linking a bank account, debit card or PayPal account. When they want to send or request money, they can send a payment message over the platform to another enrolled user.

Peer-to-peer payment apps aren’t banks or credit cards, so when you pay someone directly using one, there is no way to recover the money, a problem Consumer Reports says happens way too often.

You can transfer money between banks through your financial institution or an app. Bank to bank transfers between your own accounts are best done through your bank. Transferring money from your bank to a friend or family member is easier using an app.

You can move funds from one bank account to another with online bank transfers. If your funds are spread across accounts at different institutions, it helps to have an easy way to make transfers between them. Online transfers are a convenient way to transfer money from one bank to another.

Google Pay lets you transfer money for free using a phone number or email address. You can also cash out for free within minutes from the in-app wallet to a debit card. The maximum is $10,000 per transfer. Bank accounts and debit cards can fund transfers, but credit cards and prepaid cards cannot.

RTGS

Time to process transaction RTGS systems are typically used for high-value transactions that require immediate clearing. An EFT is not instant as it takes 2 working days for the beneficiary to receive the money while an RTGS is a real time transaction and the beneficiary receives the money the same day.

RTGS (Real Time Gross Settlement)- This type of transfer methods is applicable and available for fund transfers of a minimum of Rs. IMPS (Immediate Payment Service) – Also known for being one of the popular and fastest methods of fund transfer, IMPS is used widely across most banks.

Ans: The faster form of payment depends on the urgency and the amount of your transaction. If you have a transaction above Rs. 2 lakh, RTGS is a faster and more effective mode of payment. However, for any payments which are of lower amounts, NEFT is a more efficient mode of payment.